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S&P 500 Hits Session High with 0.7% Gain During Powell Remarks

U.S. equities rose as Federal Reserve Chair Jerome Powell delivered comments, pushing the S&P 500 to its session peak.

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Terms & Concepts
  • S&P 500: A stock market index tracking the performance of 500 large companies listed on U.S. exchanges.
  • Federal Reserve: The central banking system of the United States, responsible for monetary policy and financial stability.
  • Session High: The highest price level or index value reached during a single trading session.